Remote Patient Monitoring | Estateplanning | Vibepedia.Network

Remote patient monitoring (RPM) is a healthcare technology that enables the monitoring of patients outside conventional clinical settings, increasing access to care and reducing healthcare costs. RPM involves constant remote care or monitoring of patients by physicians or pharmaceutical/biotechnology companies to track physical symptoms, chronic conditions, or post-hospitalization rehab. With the use of [[telecommunications|telecommunications]] and [[internet-of-things|Internet of Things (IoT)]], RPM has become a crucial aspect of [[chronic-disease-management|chronic disease management]], improving the quality of life for individuals with chronic conditions. According to a study by [[national-institutes-of-health|National Institutes of Health]], RPM can reduce hospital readmissions by up to 25% and decrease healthcare costs by up to 30%. The global RPM market is expected to reach $1.8 billion by 2025, with major players like [[medtronic|Medtronic]] and [[philips-healthcare|Philips Healthcare]] investing heavily in RPM technologies. As the healthcare industry continues to evolve, RPM is likely to play a vital role in shaping the future of patient care.